CHICAGO,
March 13, 2018
/PRNewswire/ -- The Board of Directors of Duff & Phelps
Utility and Corporate Bond Trust Inc. (NYSE: DUC) and DTF Tax-Free
Income Inc. (NYSE: DTF), two closed-end funds advised by Duff &
Phelps Investment Management Co., today authorized the payment of
dividends on each fund's common stock as follows:
Duff & Phelps Utility and Corporate Bond Trust Inc.
(Monthly pay)
Cents Per Share
|
Record Date
|
Payable Date
|
3.5
|
April 16,
2018
|
April 30,
2018
|
3.5
|
May 15,
2018
|
May 31,
2018
|
3.5
|
June 15,
2018
|
June 29,
2018
|
DTF Tax-Free Income Inc. (Monthly pay)
Cents Per Share
|
Record Date
|
Payable Date
|
5.0
|
April 16,
2018
|
April 30,
2018
|
5.0
|
May 15,
2018
|
May 31,
2018
|
5.0
|
June 15,
2018
|
June 29,
2018
|
About the Funds
Duff & Phelps Utility and Corporate Bond Trust Inc. is
a closed-end diversified investment management company whose
primary investment objective is high current income consistent with
investing in securities of investment grade quality. The fund seeks
to achieve its objectives by investing substantially all of its
assets in a diversified portfolio of utility income securities,
corporate income securities, mortgage-backed securities and
asset-backed securities. For more information, visit
www.ducfund.com or call (800) 338-8214.
DTF Tax-Free Income Inc. is a closed-end diversified
investment management company whose investment objective is current
income exempt from regular federal income tax consistent with
preservation of capital. The fund seeks to achieve its
investment objective by investing in a diversified portfolio of
investment-grade tax-exempt obligations. For more
information, visit www.dtffund.com or call (800)
338-8214.
About the Investment Adviser
Duff & Phelps Investment Management Co.
is a subsidiary of Virtus Investment Partners (NASDAQ: VRTS),
a multi-boutique asset manager with $91
billion under management as of December 31, 2017. Duff & Phelps
has more than 38 years of experience managing investment
portfolios, including institutional separate accounts and open- and
closed-end funds investing in utilities, infrastructure and real
estate investment trusts (REITs). For more information,
visit www.dpimc.com.
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SOURCE Duff & Phelps Utility and Corporate Bond Trust Inc.;
DTF Tax-Free Income Inc.